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UXC Performance Management Appoints New Head for SAS Business



Appointment strengthens rapid growth plans for specialist performance management and business intelligence division

Melbourne – 9 October 2007 – Leading Australasian technology services company, UXC (ASX:UXC) today announced the appointment of Neil Currie as the new CEO of e.sens, part of UXC Performance Management.

 

UXC Performance Management was launched in January with the goal to become the leading independent provider of performance management and business intelligence solutions in Australasia. e.sens, a SAS solutions provider, is one of four divisions that each provides specialist expertise all major performance management platforms (others being Cognos, Business Objects and Oracle/Hyperion).

 

Currie has more than 20 years experience as a senior sales executive and professional general manager and a track record of rapidly building both small and large organisations in Australia, Asia and Europe. He has specialist SAS expertise having headed sales operations and business development for the SAS Institute responsible for EMEA. Key achievements include establishing business development practices for six solutions groups across eight industries and the achievement of double digit new sales growth across UK, Germany, Denmark, Italy and France in FY04.

 

Currie will be responsible for strategic direction and rapid growth for e.sens with the goal to make the company the number one systems integrator for SAS in Australia.

 

According to Stephen Mackley, CEO of UXC Performance Management, “Neil brings a unique combination of deep SAS expertise, a strong track record of driving rapid growth and excellent leadership skills.”

 

“UXC Performance Management has grown rapidly from 40 staff in January to more than 80 today. We have harnessed a significant gap in the market for highly qualified, customer focused performance management and business intelligence solutions. Neil’s appointment is key to our goal of building market leading positions across all major performance management and business intelligence platforms,” said Mackley.

 

“Partnering with e.sens will further our growth and market advantage in business intelligence solutions and services. Neil brings years of SAS knowledge and experience to e.sens and our customers are already seeing the benefits of teaming with them,” said Gordon Clubb, Managing Director, SAS Australia and New Zealand.

 

According to Currie “there is a massive growth opportunity in Australia for SAS and we aim to be the clear leader in SAS resource requirements in the market. e.sens brings a unique combination of deep product expertise, quality solutions and customer focus.”

 

Prior to joining e.sens, Currie held senior positions with Trinamo Ltd (UK), BetterManagement.com (UK/Germany) and ABC Technologies (UK/Australia)

 

 

 

ABOUT UXC LIMITED

 

UXC Limited is an S&P / ASX 300 listed Australian business solutions company with a market capitalization of some $430 million. UXC has a successful history of creating shareholder wealth and has established a strong track record in growing revenue, earnings, EPS and dividends over an extended period. Revenue of well over $500 million is targeted for the 2008 financial year, and the group employs some 2,700 employees. UXC aims to be Australasia’s leading Solutions House and the investment of choice in the Information Technology sector.

 

UXC provides its services through three divisions:

Business Solutions Group, which provides market-leading Information, Communication and Technology (ICT) products and services to medium and large corporates and governments across Australia and New Zealand. The Group has three service and solution focus areas: Consulting, Applications, and Infrastructure. The Group has established market-leading capabilities and positions in many of its ICT offerings.

 

Field Solutions Group, which is engaged in asset and data management for utilities, including asset inspection, management and maintenance services; water conservation, energy saving, and other environmental services; the provision of utility meter installation and reading services; directional drilling and infrastructure construction activities; and related data management and GIS services.

 

Intellectual Property Ventures Group, which is involved in the identification, development and commercialisation of intellectual property with the objective of generating and crystallizing associated capital gains for the benefit of shareholders.

 

** UXC Financials FY07

 

Revenue

$456m

Up 52 per cent

EBITDA

$42.4m

Up 43 per cent

NPAT

$24.5m

Up 48 per cent

 

EPS

13.73 cents per share

Up 37 per cent

DPS

9 cents per share

Up 38 per cent

 

Market cap ($m)

1 year return

 

430m

162%